Britannia Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – August 04, 2023)
Britannia closed the previous week on a negative note losing 5.63%
Technically, Britannia share price will see immediate support at 4,762.10 and immediate resistance would be seen at 5,046.30
If Britannia share price closes below immediate support of 4,762.10, then sharp breakdown can be seen. Britannia share price will see major support at 4,620.85 for the week.
On the positive side, immediate resistance will be seen at 5,046.30. Closing above 5,046.30, Britannia share price will see a sharp breakout. Major resistance for Britannia share price will be seen at 5,189.25 for the week.
Trading range for Britannia share price for this week should be between 4,477.90 on down side and 5,330.50 on up side.
Britannia Previous Week High: 5048
Britannia Previous Week Low: 4763.8
Britannia Previous Week Range: 284.2 Points
Britannia share price support and resistance for the week (July 31, 2023 – August 04, 2023)
Level Type | Value |
---|---|
Resistance 3 | 5,330.50 |
Resistance 2 | 5,189.25 |
Resistance 1 | 5,046.30 |
Support 1 | 4,762.10 |
Support 2 | 4,620.85 |
Support 3 | 4,477.90 |